Woveo FinTech startup
Posted in General

Woveo closes $2.3 million to expand community wallet platform for underserved banking customers

As cost of borrowing increases, Woveo wants to help non-prime customers save, build credit. Calgary-based FinTech startup Woveo has raised $2.3 million CAD in…

Continue Reading Woveo closes $2.3 million to expand community wallet platform for underserved banking customers
Virtuo 2023
Posted in General

Aiming for cash-flow positive in 2024, Virtuo targets North American expansion with 2023 funding

Calgary-based proptech startup raised $3.5 million in seed financing in March. Having secured funding earlier this year, Calgary-based Virtuo is now poised to expand…

Continue Reading Aiming for cash-flow positive in 2024, Virtuo targets North American expansion with 2023 funding
CleanBC Industry Fund opens applications for round three of funding
Posted in General

Vancouver, Toronto-Waterloo, Calgary among the top 50 global cleantech ecosystems

Atlantic Canada ranks third in top North American oceantech startup ecosystems. Atlantic Canada’s startup ecosystem is carving a significant niche in the global blue…

Continue Reading Vancouver, Toronto-Waterloo, Calgary among the top 50 global cleantech ecosystems
Three Calgary startups awarded at Launch Party 2023
Posted in General

Three Calgary startups awarded at Launch Party 2023

Calgary Innovation Week wraps up with a celebration of local startups. Alberta tech continues to reinforce startups in its ecosystem as Innovation Week YYC’s…

Continue Reading Three Calgary startups awarded at Launch Party 2023
S|W: The SaaS Weekly – Q4 Inc. joins pandemic IPOs returning private, Ambyint returns to Calgary
Posted in General

S|W: The SaaS Weekly – Q4 Inc. joins pandemic IPOs returning private, Ambyint returns to Calgary

Plus: Slack names longtime Salesforce executive Denise Dresser as new CEO. The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada…

Continue Reading S|W: The SaaS Weekly – Q4 Inc. joins pandemic IPOs returning private, Ambyint returns to Calgary
WonderFi-owned Bitbuy acquires customers of fellow regulated Canadian crypto exchange Bitvo
Posted in General

WonderFi-owned Bitbuy acquires customers of fellow regulated Canadian crypto exchange Bitvo

The move comes a year after the collapse of Bitvo’s deal with would-be acquirer FTX. Bitbuy, a subsidiary of Toronto cryptocurrency company WonderFi, has…

Continue Reading WonderFi-owned Bitbuy acquires customers of fellow regulated Canadian crypto exchange Bitvo
ambyint
Posted in General

Ambyint is repatriating its headquarters to Calgary after three years in Houston

Ambyint CEO says Alberta’s “strong tech ecosystem” fueled the move back to Canada. Ambyint, which provides AI-powered optimization software for the oil and gas…

Continue Reading Ambyint is repatriating its headquarters to Calgary after three years in Houston
Dapper Labs CEO Roham Gharegozlou
Posted in General

Dapper Labs, Nesto, Certn, top Deloitte’s 2023 Technology Fast 50 list

FinTech startups made a mark on the list of Canada’s leading technology companies. Deloitte has announced the 2023 winners of its Technology Fast 50,…

Continue Reading Dapper Labs, Nesto, Certn, top Deloitte’s 2023 Technology Fast 50 list
Eavor
Posted in General

Canada Growth Fund injection tops Eavor’s Series B at $182 million

The Canada Growth Fund has invested $90 million into Eavor’s funding round. Calgary-based cleantech startup Eavor’s Series B funding round now totals $182 million…

Continue Reading Canada Growth Fund injection tops Eavor’s Series B at $182 million
“Cooler financing environment” leads StellarAlgo to restructure and make layoffs
Posted in General

“Cooler financing environment” leads StellarAlgo to restructure and make layoffs

Twenty-one employees laid off could represent nearly one quarter of Calgary startup’s headcount. Calgary-based StellarAlgo has laid off 21 employees as part of a…

Continue Reading “Cooler financing environment” leads StellarAlgo to restructure and make layoffs